Sen. Ron Wyden Is Following The Money In The Epstein Case

This is getting good! Senator Ron Wyden, top Democrat on the powerful Senate Finance Committee, has been digging into Jeffrey Epstein’s financial network for the past three years. Some members of his staff have viewed confidential files that shed light on the immense sums of money that, they say, Epstein moved through the banking system to fuel his vast sex-trafficking network. Via the New York Times:

In particular, filings by four big banks flagged more than $1.5 billion in transactions — including thousands of wire transfers for the purchase and sale of artwork for rich friends, fees paid to Mr. Epstein by wealthy individuals, and payments to numerous women, the senator’s office found. The filings came after Mr. Epstein was arrested in 2019 on federal sex trafficking charges.

Large money transfers to individuals, foreign countries or obscure companies are the kind of things banks are supposed to be examining as potentially suspicious. Some of the Epstein money transfers disclosed in a report from JPMorgan Chase involved accounts at two Russian banks before those institutions were subject to U.S. sanctions. A few transactions red-flagged were for as much as $100 million.

read more